Here is what to expect from Maruti, M&M, Hero, Bajaj Auto and other automakers in February auto sales

• The February auto sales are likely to be a mixed bag of ups and downs as the two-wheeler sales remain under pressure and tractors continue to outperform.
• Despite a sharp month-on-month uptick in discounts, the demand for two-wheelers continued to remain subdued, especially in the entry-level segment.
• Check out the latest news and updates on Business Insider.

The auto companies are set to declare their monthly sales figures as we near the end of February. The auto sales for the months is likely to be a mixed bag of ups and downs as the two-wheeler sales remain under pressure and tractors continue to outperform, said an analyst report.

According to the Nirmal Bang report, the retail enquiries continued to remain healthy for passenger vehicles, and order backlog continued to be strong amid supply constraints. The report indicated that despite a sharp month-on-month uptick in discounts, the demand for two-wheelers continued to remain subdued, especially in the entry-level segment.

The tractors segment is expected to see a healthy growth in sales led by strong demand due to good Rabi sowing amid an increase in farm mechanisation.

Here is what to expect from automakers in February

Maruti sales expectations:

Maruti Suzuki India	February 2021 (expectations)	February 2020	YoY (%)
Domestic sales	143,000	136,849	4.5%
Exports	11,000	10,261	7.2%
Total sales	154,000	147,110	4.7%

Source: Nirmal Bang


M&M sales expectations:

Mahindra & Mahindra	February 2021 (expectations)	February 2020	YoY (%)
Automotive	36,500	32,476	12.4%
Farm Equipment	32,000	22,561	41.8%
Total Sales	68,500	55,037	24.5%

Source: Nirmal Bang


Bajaj Auto sales expectations:

Bajaj Auto	February 2021 (expectations)	February 2020	YoY (%)
Motorcycle	345,000	310,222	11.2%
Three-wheeler	42,000	44,691	-6%
Total	387,000	354,913	9%

Source: Nirmal Bang


Ashok Leyland sales expectations:

Ashok Leyland	February 2021 (expectations)	February 2020	YoY (%)
MHCV	7,700	7,368	4.5%
LCV	5,250	4,107	27.8%
Total sales	12,950	11,475	12.9%

Source: Nirmal Bang


Eicher Motors sales expectations:

Eicher Motors	February 2021 (expectations)	February 2020	YoY (%)
VECV	5,500	4,439	23.9%
Royal Enfield (RE)	67,000	63,536	5.5%

Source: Nirmal Bang


TVS February auto sales expectations:

TVS Motor	February 2021 (expectations)	February 2020	YoY (%)
Three-wheeler	13,000	17,370	-25.2%
Two-wheeler	270,000	235,891	14.5%
Total	283,000	253,261	11.7%

Source: Nirmal Bang


Hero MotoCorp February auto sales expectations:

Hero MotoCorp	February 2021 (expectations)	February 2020	YoY (%)
Motorcycle	470,000	498,242	-5.7%

Source: Nirmal Bang



SEE ALSO:
Bharat Bandh – over eight crore traders across India shut shop in protest against rising fuel prices and changes in GST rules
EXCLUSIVE: Ignore low CIBIL score for street vendor loans, work on holidays, and other diktats from Indian government to banks rushing to meet March target
India now allows you to avail a discount on flight ticket if you are not carrying a check-in baggage